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The Latest Breaking News on Asian tech

Telangana to rope in Tata Technologies for upgrading govt. ITIs

Telangana govt. to upgrade ITIs with Tata Technologies to improve employability of youth with ₹2,000 crore funding.

The Hindu

TSM vs. LRCX: Chip Stock Buy, Hold or Sell?

The chip industry is poised for long-term growth, supported by the rising adoption of various consumer electronics and tech advancements. While leading semiconductor stocks Taiwan Semiconductor Manufacturing Company (TSM) and Lam Research (LRCX) should benefit, let us determine which is worth buying now.

StockNews.com

TSM 2024 Insights: A Momentum Stock to Buy?

Amid a competitive industry landscape, chip giant Taiwan Semiconductor Manufacturing (TSM) shows robust momentum. Should investors consider buying the stock now? Let’s look at its key financial metrics to gauge its prospects….

StockNews.com

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Periyar University Vice Chancellor arrested in Salem

The Periyar University Vice Chancellor, R. Jagannathan, was arrested by the Salem City Police

The Hindu

Telangana CM Revanth holds meeting with Foxconn representatives

Chief Minister A. Revanth Reddy assures Foxconn of friendly policies & cooperation for industrial development in Telangana.

The Hindu

End of era as Toshiba delists from Tokyo stock exchange after 74 years

Electronics firm taken private in £11bn deal by consortium led by Japan Industrial Partners

The Guardian - UK

Advanced Micro Devices (AMD) vs. Skyworks Solutions (SWKS): Best Chip Stock to Buy Analysis

With robust chip demand due to countless applications in multiple sectors and supportive government initiatives, the semiconductor industry seems well-positioned for significant growth in the long term. Chip stocks Advanced Micro Devices (AMD) and Skyworks Solutions (SWKS) will likely benefit from the industry tailwinds. But which of these stocks is…

StockNews.com

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3 Semiconductor Stocks Fueling Year-End Triumphs

With chips being a key player in the production of essential components, the semiconductor industry is well-poised to thrive amid the escalating global tech demand. Thus, three semiconductor stocks, QUALCOMM (QCOM), Tower Semiconductor (TSEM), and ChipMOS TECHNOLOGIES (IMOS), could be solid year-end investments. Read on….

StockNews.com

Chinese chip-related companies shutting down with record speed — 10,900, or around 30 per day, shut down in 2023

A record 10,900 Chinese semiconductor companies shut down in 2023.

Tom’s Hardware

'Chip Alliance': S. Korean President Kicks Off Dutch Trip

South Korea's president on Tuesday kicked off a visit to the Netherlands, hoping to forge a "chip alliance" between the two global semiconductor powerhouses amid growing tech tensions with China.

International Business Times

Vikasit Bharat Sankalp Yatra reaches over 1 crore people, says govt.

Vikasit Bharat Sankalp Yatra, launched by PM Modi, has reached 36K+ gram panchayats & 1cr+ citizens. UP led with 37L participants, followed by Maharashtra & Gujarat.

The Hindu

India Wants To Become Chip-Making Hub But Local Production Still Lagging Behind

Currently, only 9% of the Indian semiconductor component consumption is met locally, according to global technology market research firm Counterpoint Research.

International Business Times

TSMC Solidifies Leadership on Foundry Market as Intel Jumps into Top 10

The global foundry industry witnessed a substantial rise in demand in the third quarter of 2023, according to TrendForce. The Top 10 foundries collectively saw their revenue soar to about $28.29 billion, marking a 7.9% increase compared to the previous quarter. Taiwan Semiconductor Manufacturing Co. (TSMC) maintained its No. 1…

AnandTech

3 Chip Stocks Floating High on December Gains

The semiconductor industry’s outlook appears optimistic owing to extensive chip usage in several end-use applications, rapid adoption of the latest technologies, and growing government investments. Thus, it could be wise to invest in robust chip stocks Cirrus Logic (CRUS), Tower Semiconductor (TSEM), and Applied Materials (AMAT) this month for substantial…

StockNews.com

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The Hindu

India and U.S. can resolve differences, say Jaishankar, Finer

U.S. Principal Deputy NSA Finer visits India to review India-U.S. Initiative on Critical and Emerging Technologies (iCET). Discussed bilateral ties, regional/global developments, tech value chains, tech collaborations, and easing regulations. Aim to elevate bilateral strategic partnership and broaden scope of iCET.

Tom’s Hardware

Samsung to be among first with Meteor Lake laptop - tipped to launch Galaxy Book 4 on Dec 15

The Galaxy Book 4 is set to be one of Meteor Lake's early adopters, and AI is a big reason why.

StockNews.com

Cirrus Logic (CRUS) vs. Lam Research (LRCX) - Pinning Down the Chip Stock Winner for December

As technology progresses rapidly, there is a notable surge in demand for increasingly sophisticated and efficient semiconductors. Amid this heightened demand, both Cirrus Logic (CRUS) and Lam Research Corp (LRCX) stand to benefit from industry tailwinds. However, which stock offers a more enticing investment prospect this month? Let’s find out….

The Hindu

IT hub wears deserted look, public transport hard to come by, gig workers’ earnings hit

Tech companies in Hyderabad declared Thursday a holiday to facilitate voting; TCS, Wipro, new age firms cited govt. order; HYSEA encouraged employees to vote; IT employees had work-from-home option; Gig workers lost day's earnings

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The Hindu

Kerala Khadi to make official debut abroad this week

Kerala Khadi products to debut abroad at 'Keralotsavam' in Dubai. Khadi Board VP Jayarajan says sales expected to reach ₹150 crore this year. Board launching kits for Sabarimala pilgrims, Christmas/New Year rebate sales. Issues with online sales now sorted, Khadi products available on Flipkart. Steps taken to ensure only genuine…

StockNews.com

Qualcomm (QCOM) vs. inTest (INTT) - Which Semiconductor Stock Holds the Edge in December?

As technology relentlessly advances, the demand for ever-more sophisticated and efficient semiconductors is set to experience significant growth. Amid such heightened demand, both QUALCOMM Incorporated (QCOM) and inTEST Corp (INTT) stand to benefit. However, which stock presents a more compelling investment opportunity? Let’s find out….

StockNews.com

Can Cirrus Logic, Inc. (CRUS) Capitalize on the Chip Industry Boom?

The semiconductor industry is beaming with possibilities in the digital era. Does that mean Cirrus Logic (CRUS), post its mixed quarterly results, is a buy? Let’s look at its financial metrics to know more….

The Hindu

ED seizes ₹62.52 crore assets of Farmax India Ltd. under FEMA

ED seizes ₹62.52cr assets of Farmax India, its promoters, directors under FEMA. 23 immovable properties, equity shares, shares of MSR India Ltd attached. Inquiry initiated over alleged fraudulent issuance of GDRs, non-utilisation of proceeds.

The Hindu

Showcause notices issued to Byju’s operators

The statement came hours after, through its X handle, Byju’s denied media reports insinuating any FEMA violation on its part.

Kiplinger

Stock Market Today: Microsoft Gains Boost Stock Market

The blue chip stock popped on news the software giant has snagged OpenAI's ousted CEO to help lead an advanced AI research team.

The Hindu

Directorate of Enforcement attaches ₹ 757.77 crore worth properties of Amway India

ED attaches ₹757.77cr of Amway India's movable/immovable properties for allegedly running pyramid scheme. Complaint filed under PMLA 2002. Telangana Police had registered FIRs against Amway & its directors for cheating public by promising high commissions/incentives. ED investigation revealed MLM scheme instead of sale of goods & ₹2,859cr siphoned & parked…

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